Chevron tests hybrid electric fueling barge

Chevron is testing operations with a hybrid electric bunker tanker as it explores expanding the use of the technology. The fueling giant looks at the vessel, the Marine Dynamo, which is on charter from V-Bunkers, as a demonstration and proof of concept. The vessel which is being operated by V-Bunker used to supply Chevron customers

Mirvac and CEVA’s first target carbon neutral warehouse

Mirvac and its industrial venture partner, Australian Retirement Trust, launched their first carbon neutral targeting industrial warehouse earlier this month. The warehouse will house CEVA, a third party logistics company committed to reaching net zero by 2050. The 34,000 square metre warehouse is also the first to reach completion within the 56 hectare Aspect Industrial

Research team develops new way to convert CO2 into methanol

Scientists from the UK, Germany and Australia have successfully converted carbon dioxide (CO2) into methanol, a green fuel, using a new technique that they have developed. The research involved chemists from the University of Birmingham, the University of Ulm, the University of Queensland and was led by scientists at the School of Chemistry at the

Europe’s gas use to surge despite netzero promises

Europe plans to build enough new gas power stations to supply 60 million homes despite a target of decarbonising electricity grids by the middle of the 2030s. About 72 gigawatts-worth of new gas-fired power stations are planned across the Continent, according to a report from pressure group Beyond Fossil Fuels. Gas power capacity across the

India expands crude imports from US

More than 250,000 barrels per day of U.S. crude is set to arrive in India next month, the highest in more than a year, ship tracking data showed, amid tighter enforcement of sanctions on Russian crude. India, the world’s third-biggest oil importer and consumer, is looking to diversify its oil supplies as fresh U.S. sanctions

A global carbon tax on shipping is coming, says ABS Chairman and CEO

A universal, global carbon tax on shipping is coming, as alternative blue fuels made with carbon capture emerge as a critical step in the energy transition at sea. That was the message from Christopher J. Wiernicki, ABS Chairman and CEO, during an appearance at the CERAWeek energy conference. “We need to recognize that there is

Alfa Laval sustainable solutions support IMO’s netzero ambitions

There is an increasing focus within Alfa Laval to support customers towards the energy transition to meet the IMO’s recommendations for reducing GHG & CO2 by 2030 and to achieve net zero target by 2050. By innovations supporting alternative fuels like biofuels, methanol & ammonia and new technologies like air lubrication, wind propulsion & carbon

India grants permission to ADNOC for crude oil export

The Indian government has taken a significant step by granting permission to the Abu Dhabi National Oil Company (Adnoc) to export crude oil stored in underground strategic storages located in Mangalore. This move aims to provide operational flexibility to the foreign firm and marks a notable development in India’s oil industry. The decision, outlined in

IMO adopts 2024 LCA guidelines at MEPC 81

The International Maritime Organisation (IMO) adopted life cycle assessment (LCA) guidelines of marine fuels at the 81st meeting of the Marine Environment Protection Committee (MEPC). Delegates at MEPC 81 approved base LCA guidelines to cover all fuels and other energy carriers to be used on board vessels. The LCA guidelines cover carbon dioxide (CO2), methane

Coal is preparing to say adieu

More than two years after climate negotiators first attempted to consign coal to history, the dirtiest fossil fuel is having a moment. Thanks to a combination of China’s energy insecurity — pushing Beijing back to trusted power sources — plus rising Indian demand, the continued fallout from the war in Ukraine and faltering international programs